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Volatile stock
$Super Micro Computer (SMCI.US)$ Hit stop loss at 29. This stock is really volatile. Happy gambling 😄
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Discussing
Trump 2.0 Era: What's the next opportunity in the markets?
▪️Could Trump's crypto policies potentially benefit the crypto market? ▪️Might his tariff policies have a positive effect on Chinese stocks
Michael McCarthy CCO
Jan 3 11:57
Ask a strategist - Trump's first day
goodfortune : are you shorty?
Maniac Fool : Up!
SK Moo OP goodfortune : No, I am long. 29 is the level to protect my profit.
Ultratech : I don't use a stop loss ever all they do is take you out of positions
SK Moo OP Ultratech : But if it turns back sharply you will incur big loss
SK Moo OP Ultratech : For SMCI, anything can happen. Laugh today, cry tomorrow, that’s the nature of this stock
Ultratech SK Moo OP : you only take loss if you sell. sl takes you out of position. I've had stocks drop briefly for no reason plenty of times
SK Moo OP Ultratech : But you sit on paper loss, it locks your cash flow. Unless you are long term.
SK Moo OP Ultratech : Agree with you but at this stage smci is still considered uncertain. Can’t play long term until the dust settled
Ultratech SK Moo OP : stop loss only takes you out of position. tickers may be volatile and then two days later it's up higher again and you're kicking yourself. stop trying to argue with me. I've had things like berkshire hathaway glitch out where it dropped 80 a share for 2 minutes or stop losses trigger 5 minutes after I set them and stock is already back up again before I even noticed it sold. hey where's my shares the stock is same price o 5 minutes ago it dipped for a split second ooops
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